401k Plan data: BANK OF SMITHTOWN EMPLOYEE STOCK OWNERSHIP PLAN plan

BANK OF SMITHTOWN EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan Name	BANK OF SMITHTOWN EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number	007

BANK OF SMITHTOWN EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan Type	Defined Contribution Pension
Plan Features/Benefits	Stock bonus Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP. Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

PEOPLE'S UNITED BANK, N.A. has sponsored the creation of one or more 401k plans.

Company Name: PEOPLE'S UNITED BANK, N.A.

Employer identification number (EIN): 061213065

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BANK OF SMITHTOWN EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
007 2012-01-01 MICHELLE MCNEIL MICHELLE MCNEIL 2013-10-08
007 2011-01-01 MICHELLE MCNEIL

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
007	2012-01-01	MICHELLE MCNEIL		MICHELLE MCNEIL	2013-10-08
007	2011-01-01	MICHELLE MCNEIL

Plan Statistics for BANK OF SMITHTOWN EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for BANK OF SMITHTOWN EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2012: BANK OF SMITHTOWN EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 266
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 0
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 0
Total of all active and inactive participants 2012-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 0
Number of participants with account balances 2012-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: BANK OF SMITHTOWN EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 267
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 176
Number of retired or separated participants receiving benefits 2011-01-01 31
Number of other retired or separated participants entitled to future benefits 2011-01-01 59
Total of all active and inactive participants 2011-01-01 266
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 266
Number of participants with account balances 2011-01-01 266
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0

Measure	Date	Value
2012: BANK OF SMITHTOWN EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	266
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	0
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	0
Total of all active and inactive participants	2012-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	0
Number of participants with account balances	2012-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: BANK OF SMITHTOWN EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	267
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	176
Number of retired or separated participants receiving benefits	2011-01-01	31
Number of other retired or separated participants entitled to future benefits	2011-01-01	59
Total of all active and inactive participants	2011-01-01	266
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	266
Number of participants with account balances	2011-01-01	266
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0

Financial Data on BANK OF SMITHTOWN EMPLOYEE STOCK OWNERSHIP PLAN

Measure	Date	Value
2012 : BANK OF SMITHTOWN EMPLOYEE STOCK OWNERSHIP PLAN 2012 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2012-12-21	$-38,054
Total unrealized appreciation/depreciation of assets	2012-12-21	$-38,054
Total transfer of assets from this plan	2012-12-21	$1,138,436
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-21	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-12-21	$33,560
Total income from all sources (including contributions)	2012-12-21	$16,858
Total of all expenses incurred	2012-12-21	$557,199
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-12-21	$557,199
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-12-21	$0
Value of total assets at end of year	2012-12-21	$0
Value of total assets at beginning of year	2012-12-21	$1,712,337
Total dividends received (eg from common stock, registered investment company shares)	2012-12-21	$54,912
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-12-21	No
Was this plan covered by a fidelity bond	2012-12-21	Yes
Value of fidelity bond cover	2012-12-21	$4,000,000
Were there any nonexempt tranactions with any party-in-interest	2012-12-21	No
Total non interest bearing cash at end of year	2012-12-21	$0
Total non interest bearing cash at beginning of year	2012-12-21	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-21	No
Value of net income/loss	2012-12-21	$-540,341
Value of net assets at end of year (total assets less liabilities)	2012-12-21	$0
Value of net assets at beginning of year (total assets less liabilities)	2012-12-21	$1,678,777
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-12-21	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-12-21	No
Were any leases to which the plan was party in default or uncollectible	2012-12-21	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-12-21	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-12-21	$538,190
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-12-21	Yes
Was there a failure to transmit to the plan any participant contributions	2012-12-21	No
Has the plan failed to provide any benefit when due under the plan	2012-12-21	No
Assets. Invements in employer securities at end of year	2012-12-21	$0
Assets. Invements in employer securities at beginning of year	2012-12-21	$1,173,835
Contributions received in cash from employer	2012-12-21	$0
Income. Dividends from preferred stock	2012-12-21	$54,912
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-12-21	$557,199
Assets. Corporate common stocks other than exployer securities at end of year	2012-12-21	$0
Assets. Corporate common stocks other than exployer securities at beginning of year	2012-12-21	$312
Liabilities. Value of benefit claims payable at end of year	2012-12-21	$0
Liabilities. Value of benefit claims payable at beginning of year	2012-12-21	$33,560
Did the plan have assets held for investment	2012-12-21	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-12-21	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-12-21	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-12-21	No
Opinion of an independent qualified public accountant for this plan	2012-12-21	Unqualified
Accountancy firm name	2012-12-21	CROWE HORWATH
Accountancy firm EIN	2012-12-21	350921680
2011 : BANK OF SMITHTOWN EMPLOYEE STOCK OWNERSHIP PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2011-12-31	$-106,270
Total unrealized appreciation/depreciation of assets	2011-12-31	$-106,270
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$33,560
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$-124,310
Total loss/gain on sale of assets	2011-12-31	$-117,683
Total of all expenses incurred	2011-12-31	$339,560
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$339,560
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$0
Value of total assets at end of year	2011-12-31	$1,712,337
Value of total assets at beginning of year	2011-12-31	$2,142,647
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$0
Total interest from all sources	2011-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$99,643
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$4,000,000
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Total non interest bearing cash at end of year	2011-12-31	$0
Total non interest bearing cash at beginning of year	2011-12-31	$19,366
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$-463,870
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$1,678,777
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$2,142,647
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$538,190
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$331,448
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Assets. Invements in employer securities at end of year	2011-12-31	$1,173,835
Assets. Invements in employer securities at beginning of year	2011-12-31	$1,791,389
Income. Dividends from common stock	2011-12-31	$99,643
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$339,560
Assets. Corporate common stocks other than exployer securities at end of year	2011-12-31	$312
Assets. Corporate common stocks other than exployer securities at beginning of year	2011-12-31	$444
Liabilities. Value of benefit claims payable at end of year	2011-12-31	$33,560
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Aggregate proceeds on sale of assets	2011-12-31	$-117,683
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	No
Opinion of an independent qualified public accountant for this plan	2011-12-31	Unqualified
Accountancy firm name	2011-12-31	CROWE HORWATH LLP
Accountancy firm EIN	2011-12-31	350921680
2010 : BANK OF SMITHTOWN EMPLOYEE STOCK OWNERSHIP PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2010-12-31	$-716,549
Total unrealized appreciation/depreciation of assets	2010-12-31	$-716,549
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$3,000
Total income from all sources (including contributions)	2010-12-31	$-423,391
Total loss/gain on sale of assets	2010-12-31	$0
Total of all expenses incurred	2010-12-31	$173,442
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$173,442
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$239,999
Value of total assets at end of year	2010-12-31	$2,142,647
Value of total assets at beginning of year	2010-12-31	$2,742,480
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$0
Total interest from all sources	2010-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$3,310
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$4,000,000
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Total non interest bearing cash at end of year	2010-12-31	$19,366
Total non interest bearing cash at beginning of year	2010-12-31	$17,464
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$-596,833
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$2,142,647
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$2,739,480
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$331,448
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$303,742
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$49,849
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Assets. Invements in employer securities at end of year	2010-12-31	$1,791,389
Assets. Invements in employer securities at beginning of year	2010-12-31	$2,420,921
Contributions received in cash from employer	2010-12-31	$239,999
Income. Dividends from common stock	2010-12-31	$3,310
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$173,442
Assets. Corporate common stocks other than exployer securities at end of year	2010-12-31	$444
Assets. Corporate common stocks other than exployer securities at beginning of year	2010-12-31	$353
Liabilities. Value of benefit claims payable at beginning of year	2010-12-31	$3,000
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	No
Opinion of an independent qualified public accountant for this plan	2010-12-31	Unqualified
Accountancy firm name	2010-12-31	CROWE HORWATH LLP
Accountancy firm EIN	2010-12-31	350921680

Form 5500 Responses for BANK OF SMITHTOWN EMPLOYEE STOCK OWNERSHIP PLAN

2012: BANK OF SMITHTOWN EMPLOYEE STOCK OWNERSHIP PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	Yes
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: BANK OF SMITHTOWN EMPLOYEE STOCK OWNERSHIP PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	PEOPLE'S UNITED BANK, N.A.
Employer identification number (EIN):	061213065
NAIC Classification:	522110
NAIC Description:	Commercial Banking